02 Aug
|
Mahindra & Mahindra
|
India
02 Aug
Mahindra & Mahindra
India
Responsibilities & Key Deliverables
New Part Sourcing
Finalize the supplier panel for current part development programs
Lead negotiations and achieve final price sign-off for new sourced parts
Periodic Price Settlements
Manage price settlements arising from raw material (RM) fluctuations and Engineering Change Notices (ECNs)
Ensure all price revisions are based on established RM indices for consistency and transparency
Budgeting
Prepare budgets for commodity price movements and conversion cost increases
Provide accurate cost forecasts to support business planning
Cost Mitigation (VA/VE)
Mitigate price increases through Value Analysis / Value Engineering initiatives
Proactively identify and implement cost-reduction opportunities
Supplier Quality
Drive continuous improvement in supplier quality performance
Lead corrective actions to resolve quality issues at the supplier end
New Technology Sourcing
Identify and develop suppliers capable of meeting new technology requirements (e.g., EV, lightweighting, ADAS components)
AI & Productivity
Use AI tools to identify opportunities for improving sourcing systems and productivity
Supplier Contracts & Risk Mitigation
Ensure robust supplier contracts are in place to mitigate future supply chain disruptions
Ensure ongoing supplier compliance with quality, regulatory, and sustainability requirements
Commodity Management
Own sourcing strategy across Sheet Metal, Casting, Forging, Fasteners, Plastics, Rubber, and Proprietary components
Complex Problem Solving
Handle high-complexity, cross-functional sourcing challenges with sound judgment and analytical rigor
Experience
15 years and beyond in the similar industry preferred.
Industry Preferred
Automotive – PV/ CV
Qualifications
B Tech / MBA
No Diploma holders.
General Requirements
Good analytical skills, Negotiation capability.
Commodity knowledge in Sheet metal, casting, forging, fasteners, Plastic, Rubber & Proprietary
Ability to handle complex tasks, detail oriented, high integrity
Experience: 12- 15 yrs
Industry Preferred: Automotive – PV/ CV
Qualifications: B Tech / MBA
Our commitment to Diversity, Equity, and Inclusion
At Mahindra and Mahindra Limited, we believe that diversity drives innovation, and inclusion is at the heart of everything we do. We are committed to cultivating a workplace where every individual feels valued, respected, and empowered to thrive.
We are proud to be an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to age, caste, race, religion, color, ethnic origin, gender identity, nationality, physical or mental disability, medical condition, sexual orientation, educational background, marital or domestic partnership status, pregnancy or childbirth, veteran status, citizenship status, ancestry, financial status, or any other personal characteristic protected by applicable law.
We actively encourage candidates from all backgrounds to apply and bring their unique perspectives to our teams. We are committed to ensuring an accessible and inclusive experience for all applicants.
Together, we rise by embracing differences and building a future that reflects the communities we serve.
Job Segment: Engineer, Automotive, Engineering
📌 Head- Sourcing & Costing (India)
🏢 Mahindra & Mahindra
📍 India